So you have positive cash flow as well as fresh new capital.Given, how investors are on a mad scramble to get cash flowing rental properties all across the country, I'd just keep it as a rental and do a cash out refi.-- mike

In a normal market this wouldn't be an issue, but Denver is one of the hottest real estate markets in the country, with 10.9% appreciation year over year as of November 2015 (case schiller).

We were given court orders to receive these properties from a reciever free and clear of all liens not including municipal liens.

We all need to remember that what area of the country we live in does determine some of the facts in property acquisition...here in Denver acquiring 24 properties in one day would cost a bundle!

The ratios of rent to price will not let you go out and simply buy and hold in good areas like others on the site who live in other parts of the country get to do.

The amount of work to list and sell a house in one of the hottest real estate markets in the country was pretty low.That said, there is a TON of work involved in selling a home - and having clients that were friends didn't really make it easier.Discounting by .5% doesn't seem like you're giving a huge discount - $2,500 on a $500,000 price.

Sometimes these folks are self-serving.If you are looking for some guidance in finding properties, you may want to attend public auctions, track down sellers of expired listings, attend rent and housing court in your community.Driving the neighborhoods is a great way to find unwanted real estate.Good luck

I'm loving the hill country.  

@Michael KennedyKREIA is the 4th Thursday of every month at Woodhaven Country Club from 5:30-9. 

The best way to move forward in our part of the country, in my opinion , is to be creative at finding deals.